Australian oil and gas company Carnarvon Energy said the recent Pavo-1 oil discovery it made with operator Santos offshore W. Australia was a 'stellar exploration success.'The company has completed its Pavo resource assessment and said that…
Exxon Mobil Corp doubled its first-quarter per-share profit, it said on Friday, but the results fell short of Wall Street estimates, even excluding a $3.4 billion writedown from its withdrawal from Russia.The top U.S. oil producer tripled its buyback program…
Following the winter break, works have restarted on the construction of the Yunlin offshore wind farm in Taiwan.The UAE-based National Petroleum Construction Company (NPCC) will bring the heavy lift vessel DLS 4200 as their fleet’s flagship from Abu Dhabi into Taiwanese waters for the work…
China's top offshore oil and gas producer CNOOC Ltd saw its net income more than double during the first quarter of 2022 from a year ago, on the back of a surge of global oil prices and an increase in domestic oil and gas production.The listed…
QatarEnergy has awarded a major engineering, procurement, and construction (EPC) contract for the North Field Expansion Project, which it says marks the final major milestone to deliver the project which will boost Qatar’s LNG production capacity to 110 million tons per annum (MTPA)…
Exxon Mobil Corp said on Wednesday that its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations, where it has become increasingly difficult to ship crude out of due to sanctions on Russia.The Sakhalin-1 project…
Malaysian state energy firm Petronas is seeing growing demand for gas as the world lifts COVID-19 restrictions and prioritizes energy security due to Russia's invasion of Ukraine, its chief of upstream operations told Reuters on Wednesday.Petronas…
Construction of the 16.8 megawatt Goto floating wind farm in Japan is expected to start in September 2022, with the commercial operations scheduler to begin in January 2024.A a sole bidder, the Japanese Goto Floating Wind Farm consortium, in June 2021…
Oil and gas company Empyrean Energy said Wednesday that its Jade offshore well in China, for which the company had high hopes, had reached total depth without encountering hydrocarbons.After years of preparations, the company started drilling…
U-Ming Marine Offshore Company Limited (UMO) has acquired two secondhand crew transfer vessels (CTVs) and completed their reflagging.The company, a joint venture between U-Ming Marine Transport Corporation and World Marine Offshore A/S, said the vessels…
Australia's Woodside Petroleum reported a more than twofold jump in quarterly revenue on Tuesday, buoyed by rising oil and gas prices, and it expects to benefit in the longer term from energy security fears due to Russia's invasion of Ukraine…
Malaysia's Petronas on Friday signed a Production Sharing Contract (PSC) with SK earthon and Petroleum Sarawak Exploration & Production Sdn. Bhd. (PSEP) for Block SK427 off the coast of Sarawak. SK earthon, a subsidiary of South Korea’s SK Innovation…
Thai oil and gas company PTTEP has become the official operator of the G1/61 offshore block, containing the Erawan, Platong, Satun, and Funan fields, as well as the G2/61 project, containing the Bongkot field, offshore Thailand.Back in December 2018…
Danish wind turbine maker Vestas has together with its partner Tien Li Offshore Wind Technology (Tien Li) produced the first V174-9.5MW blade at its facilities in Taiwan.The blades, part of Vestas' V174-9.5MW offshore turbine, will be installed…
Should Japan ever exit the Sakhalin energy projects in Russia and their stakes were acquired by Russia or a third country, this would weaken the effectiveness of Western sanctions and benefit Russia, Japan's industry minister said on Friday…
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